All Forum Posts by: Tim Cassels

Hi Jason, what's the best way to get notification of these events in the future? 

Great stuff Kevin! Congrats! 

Hey BP- I was reading a Bloomberg article about the Canadian housing boom (link below) and how the boom is getting pretty incredible in length and magnitude. The article made the observation that everyone has an interest in keeping it going - homeowners, investors, government/regulators. 

**Do you think this perpetual unaffordable environment has started developing in the US?** Love to know you thoughts on it! I personally think we're slowly heading in this direction with the softer monetary policy and home building headwinds on the horizon.

Links: Bloomberg: https://www.bloomberg.com/news... ,  CA affordability (46% $$ spent on housing) https://www.lorettaphinney.com..., US(37% spent) https://www.businessinsider.co...

 Uneducated Economist is the 🐐

I'm keeping my eyes out for a situation where if inflation and asset prices start to run too hot, and the Fed steps in and indicates a rate hike. Not sure if a rate hike would decrease prices though in the short term if demand increased with expectations for higher rates coming.  

Hi Katie! I was also weighing this choice the past year (25 y/o). I decided on using a brokerage account. My take was I wanted to have exposure to high risk investments and be able to use any gains for RE. Though I did have a solid Roth 401k foundation before I went to no retirement contributions approach in the summer. 

**Have you checked on the loan rules and if they offer Roth for your 457 plan? Depending on the plan provisions you may be able to take a 50% loan, or even a straight distribution for a first residence. Might be worth considering as another option if you get a match. 

Great hearing from another Bostonian down here, two best east coast cities in my opinion. Also really enjoyed your podcast episode as a newcomer to the DC market

Thanks Joaquin! I was exploring options for an investment mortgage with 30% since I didn't plan to live in it. That's a good point on having good quality tenants in the DC area. 

Hi all, I've been looking at some options to start investing in DC (where I live) or Boston (near home). Obviously both are INCREDIBLY expensive and almost runaway in my opinion at this point. I could probably *barely* get together $90-95k for a down payment, and I'm in my mid-20s so I was looking for a long-term CF play. 

I recently noticed there are some 1BRs in DC listing in the 300's with low HOAs that I think could CF.

Does anyone anyone have experience/views on investing in 1BRs in incredibly hot markets? Too risky?